Agency Based Discussion > Shutterstock.com

Shutterstock Q2 numbers: good for them, not so much for contributors

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Justanotherphotographer:
I am in a hurry now but looking forward to reviewing this later. As always thanks for the great work Jo Ann.

At a quick glance, not sure how much investors will love this given paid DLs seem to have stagnated, less this year even than 2019. Rate of growth of collection I think is also slowing? Any increase in revenue seems to have been only down to the cut in royalties which doesn’t bode well for the long term. I’ll take a closer look in a few days.

Uncle Pete:

--- Quote from: Jo Ann Snover on July 27, 2021, 15:56 ---This is not really a surprise, but take a look at how the contributor share of Shutterstock's revenue has been reduced (probably pole-axed would be more accurate) over the last couple of years.

--- End quote ---

Thanks for pressing that point! Our money is making their numbers look better, but their actually earnings are not impressive as far as growth is concerned, and that's what investors want.

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